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Best results will be achieved by promoting investment in renewable energy sector

Friday - November 27, 2020 11:48 pm , Category : MADHYA PRADESH


CM Chouhan addresses Third Global Renewable Energy Investment Conference
Shares information about progress made in Madhya Pradesh 
 
 
Bhopal 27 November 2020: Chief Minister Shivraj Singh Chouhan has said that investment in renewable energy sector will be encouraged. Renewable energy accounts for 20 percent of the state’s total power generation and it will be extended continuously. Inviting investors in renewable energy sector in Madhya Pradesh, Chief Minister Chouhan said that Madhya Pradesh is an ideal state for investment in this sector. All necessary facilities will be made available to investors. Land has been identified for a 5 thousand MW solar park in Morena, Sagar, Damoh and Ratlam districts of the state. Madhya Pradesh will become a partner in realizing Prime Minister Modi’s dream of executing solar energy projects. The best results will be achieved by removing all obstacles to promote investment in the renewable energy sector.

Chief Minister Chouhan was addressing the Third Global Renewable Energy Investment Conference (Third Global RE -Invest Renewable Energy Investors Meet & Expo) session today through video conference. Union Minister of State for New and Renewable Energy (Independent Charge) R.K. Singh said that the purpose of this meeting and conference is to enhance participation of states for investment growth in this area. Prime Minister Modi’s address on the first day of the three-day conference gives us an idea of ​​his interest and priority viewpoint towards the development of the region. Chief Minister of Uttar Pradesh, Yogi Adityanath, Chief Minister of Rajasthan Ashok Gehlot, Chief Minister of Gujarat Vijay Rupani, Chief Minister of Himachal Pradesh Jairam Thakur and Deputy Governor of Ladakh Radhakrishna Mathur apart from Madhya Pradesh Chief Minister took part in the conference today.

Giving information about the progress in renewable energy sector in Madhya Pradesh, Chief Minister Chouhan said that today 5000 MW renewable energy is being generated, which is 12 times more than 438 MW being generated in the year 2012. A 750 MW solar power project was set up in Rewa which is among the world’s largest projects. The value of power received from this project was the lowest at 2.97 per unit. This was a historic achievement in the country. In the previous years, an investment of Rs 25 thousand crores has been made in renewable energy sector.

Chief Minister Chouhan said that the Earth’s temperature is rising. This climate change is worth a thought and a cause for concern. The possibility of temperature rising further by 2 degree centigrade by the year 2050 is also a matter of concern for the world. It is necessary to save the environment, save the Earth and continue the pace of development. A balance of environment and development will have to be established. Chief Minister Chouhan said that on the occasion of the launch of the 750 MW solar power plant in Rewa, Prime Minister Modi had given a mantra then that whenever we talk about future energy, we should visualise the picture of the hut belonging to the poor man and the last person in the line is the focus and strength of our inspiration. Renewable energy has been considered as the best alternative as it is Pure, Sure and Secure. Madhya Pradesh is making efforts in this direction.. In the field of renewable energy, Madhya Pradesh will be instrumental in fulfilling Prime Minister Modi’s resolve to produce one lakh MW solar power by the year 2022 in the renewable energy sector. Solar power generation of the state will be increased from 5 thousand to 10 thousand MW.

Chief Minister Chouhan said that 21 thousand 500 solar pumps have been set up in Madhya Pradesh. The target is set up one lakh solar pumps by the year 2022. For the sale of Akhsay energy equipments, 244 Akshay energy shops have been started in all districts by encouraging private units.

Chief Minister Chouhan said that at present, 130 MW solar power generation project was set up in Neemuch in year 2014 and 250 MW capacity project in Mandsaur in the year 2017. Setting up of 750 MW units at Rewa created history. For power outlets of such projects in the state, a 2900 km line and 11 sub-stations are being developed under the Green Energy Corridor. There are 15 power grid sub-stations in the state. In Gujarat, best work was done in the field of renewable energy by Modi who took initiative of setting up a floating plant. Similarly, this innovation will be initiated in Madhya Pradesh, by setting up a floating plant at Omkareshwar. Madhya Pradesh will be made a hub as it is situated in the heart of the country. All possibilities will be exploited. The Ministry of New and Renewable Energy, Government of India has approved setting up of 3600 MW solar energy parks in Agar, Shajapur, Neemuch, Chhatarpur and Omkareshwar on which an investment of Rs.15 thousand crore is estimated. Chief Minister Chouhan expressed his gratitude to Union Minister of State (Independent Charge) for Power and New and Renewable Energy, R.K. Singh and CII Chief Executive Officer Chandrajeet Benerjee for inviting him to this session.

Principal Secretary New and Renewable Energy Sanjay Dubey was present in the video conference – Window to News